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Updated over 8 years ago,
Retirement plan
I have a question...I've been a SFR flipper for some years now while holding a full time job...basically haven't had many real days off for years. So you can kind of say I am tired. I have never indulged in multi-family but I do have some cash amassed. To all you experienced multi-family investers, in todays market at todays prices, is it possible to buy several, say, 4plexes, that will cash flow to add up to monthly retirement income. I am not really looking for appreciation gain more monthly cash flow. Like first two doors cover all costs and last two doors provided cash flow per 4plex unit. I basically want to do nothing!...well ok, I will do some of the minor repairs, but I do plan on using property managers. I know back in the "08" era you could easily buy great deals but, in todays market can it be done without looking for the proverbial "needle in the haystack"?